Capri Holdings Raises FY27 Adjusted EPS Forecast to About $2.20

Bitget2026/10/30 11:18

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Capri Holdings raised fiscal 2027 guidance to revenue of about $3.42 billion and adjusted diluted earnings of about $2.20 per share.
Third-quarter revenue is forecast at about $1.01 billion, with adjusted diluted earnings of about $0.95 per share.
Full-year adjusted operating income is projected at about $175 million.
Revenue growth is expected to resume in the second half, with Michael Kors returning to growth in the fourth quarter.
Second-quarter revenue fell 5.5%, exceeding expectations, while adjusted earnings reached $0.42 per share versus a year-earlier loss of $0.03.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capri Holdings Limited published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Capri Holdings Raises FY27 Adjusted EPS Forecast to About $2.20

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